A short-term bank loan that is often used until a firm can arrange for long-term financing is called ________
A) a committed line of credit
B) a short-term mortgage loan
C) a bridge loan
D) a single, end-of-period-payment loan
Answer: C
Business
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One of the primary goals of a negative message is to
A) sell products and services to unwilling customers. B) empathize with fellow employees. C) rally support for unpopular causes. D) gain acceptance for the bad news. E) encourage future questions and communications.
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Government control over the money supply using interest rates to effect changes in the economy is called:
A) fiscal policy B) monetary policy C) tax policy D) transfer payments
Business